$1.35M
$208,073
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Try Picki for FREEConfidence
Medium
High
$1,500,000
Medium
$1,350,000
Low
$1,200,000
Confidence
Medium
Discover this charming countryside home in Nana Glen, set on 12.13 hectares (29.97 acres) surrounded by lush greenery and pristine natural beauty. This single-level, north-facing residence offers five spacious bedrooms each with walk-in robes, a main suite featuring an ensuite, and an open-plan living area complete with a cozy wood fireplace. Enjoy modern amenities in the well-equipped kitchen and relax on a decked veranda overlooking a tropical pool. Outdoor features include beautiful gardens, fruit trees, a four-bay carport and shed, and four fenced paddocks. Located near local amenities and a short drive from the vibrant offerings of Coffs Harbour, this property offers a blend of serenity and convenience. With a rental appraisal of $825-$875 per week and annual rates of approximately $2,166, this home presents a potential investment opportunity in a beautiful rural setting.
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77.4%
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-
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Try Picki for FREE-$40,000
-$40,882
2.2%
Asking Price
$1,500,000
Estimated Purchase Price
$1,390,000
Stamp Duty
$59,505
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$139,000
Reg. Mortgage
$164
LMI Premium
$39,278
Renovation Costs
-
Total Cash/Equity Required
$240,143
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
Rates
+3.0% PA
$1,257
$1,640
Water
+3.0% PA
$1,127
$1,470
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$24,164
$34,942
Interest Repayments
$82,566
$82,566
Net Cashflow Before Tax
-$58,402
-$47,624
Depreciation
-
-
Tax Offset
-$17,521
-$14,287
Net Cashflow After Tax
-$40,882
-$33,337
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,441,800
$2,606,431
Loan Balance
I.O
$1,251,000
$1,251,000
$190,800
$1,355,431
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 13.0%
Accommodation and Food Services - 10.0%
Education and Training - 9.0%
Others - 50.0%
Average Income
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projected
for 2025 to 2027
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Average Rental Yield
Average Vacancy Rate
Average Days of Supply
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Sold Price
Asking Price